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Bitstamp, Korbit Owner Set to Take Control of Bithumb Crypto Exchange


The owner of Nexon, the South Korean gaming giant and the owner of the Bitstamp and Korbit crypto exchanges has reportedly agreed a deal worth USD 458 million to buy a controlling stake in Bithumb, the nation’s market-leading trading platform. Bithumb has been looking for a sale for several months...

OMG Rallies as OMG Network Sold To a New Owner


The OMG Network – operator of the Ethereum (ETH)-based OMG token (formerly OmiseGo) – has a new owner, news that has sent the token’s price up by almost 8% in the past 24 hours. At pixel time (09:21 UTC), OMG, ranked 43rd by market capitalization on Coinpaprika, trades at USD 4.05 and is up...

Bitcoin Bar ‘Room 77’ Shuts Down


Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing...

Sparrow Raises USD 3.5 Mil in Series a Funding


23 June 2020, Singapore – Sparrow, the leading options trading platform has secured USD 3.5 million in Series A funding to accelerate platform development. The round was led by the HDR Group, owner and operator of BitMEX, and supported by Signum Capital, Du Capital and FinLab EOS VC. Kenneth...

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